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Dec 11, 2012
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we also have china that is slowing down. globally and also domestically there is not enough demand to keep the economy going and i would say the worst scenario of all -- i don't think it's going to happen, but probably by march we're going to see some real problems in the economy if nothing happens. >> i think you and i agree if we do go off the cliff, so to speak, on january 1st, that the negotiations to fix this problem would begin somewhere around january 2nd? >> probably the 8:00 a.m. the morning of january 2nd. they are going on right now. >> yes. >> there is probably a slightly better than 50/50 chance that there will be a deal before december 18th. assuming that we're close to a deal, i think it's going to happen right away and the democrats are going to be preparing legislation and it's going to be introduced right away, january 2nd, to make a middle class tax cut retroactive to january 1st. >> yes. exactly. and i think one of the striking things that we're not hearing right now are a stand your ground republicans in
we also have china that is slowing down. globally and also domestically there is not enough demand to keep the economy going and i would say the worst scenario of all -- i don't think it's going to happen, but probably by march we're going to see some real problems in the economy if nothing happens. >> i think you and i agree if we do go off the cliff, so to speak, on january 1st, that the negotiations to fix this problem would begin somewhere around january 2nd? >> probably the...
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. >> there's a lot made in china and india and other places, that flood into america and europe. what responsibility do businesses have that sell these products to try to find out what is going on at the origin of them? in terms of the sweatshops for the young kids? >> piers, good businesses will be checking the supply chains. they will be pretty sure where the goods are coming from. but businesses have to recheck, now that we know this christmas trade is being done. they've got to ask about who is the supplier? they've got to check whether the suppliers are using child labor. and they've got to monitor the conditions. there's got to be a combined effort from the companies themselves and from the governments of individual countries where we know child labor is being practiced. we managed with the help of the global march against child labor, an indian campaign, to get these children released from what was effectively slavery and bondage. they'd been trafficked into that trade, sold by relatives or by friends of the family, into being slaves. and we need greater individu een the p
. >> there's a lot made in china and india and other places, that flood into america and europe. what responsibility do businesses have that sell these products to try to find out what is going on at the origin of them? in terms of the sweatshops for the young kids? >> piers, good businesses will be checking the supply chains. they will be pretty sure where the goods are coming from. but businesses have to recheck, now that we know this christmas trade is being done. they've got to...
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Dec 10, 2012
12/12
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CNN
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china's state owned oil giant c-nook swooped in to acquire nexen for a cool $15 billion. note to the obama administration, it is not happening in a bubble. last year you'll recall the obama administration put off a decision on the excel pipeline, an extension of a pipeline that would connect the oil in alberta to the gulf of mexico and international markets. the democrats killed it because of concerns from environmentalists. the proposed route crossed the aquifer in nebraska and white house and state department officials could have just insisted on rerouting the pipe, but they didn't. a bad move, one that was highly thought to play to the president's base. now that the elections are over, a review of a new route will begin sometime next year. the leakages of that pipe were a minor concern, though it got all the headlines. a more legitimate environmental concern is carbon emissions. processing crude that is mined from the oil sands emits double the emissions of regular drilled oil. but oil sands still -- that still scarce, oil is still scarce, the chinese lead lots of it,
china's state owned oil giant c-nook swooped in to acquire nexen for a cool $15 billion. note to the obama administration, it is not happening in a bubble. last year you'll recall the obama administration put off a decision on the excel pipeline, an extension of a pipeline that would connect the oil in alberta to the gulf of mexico and international markets. the democrats killed it because of concerns from environmentalists. the proposed route crossed the aquifer in nebraska and white house and...
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Dec 12, 2012
12/12
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if you look at china in particular, they are looking for corporate bonds rather than u.s. treasury securities because they do not like what they see. we are living on borrowed time. we have created another bubble. my view is the reason the fed is doing that is because the mandate was changed in the late 70's to where they have to be concerned with unemployment. we need a fiscal deal. the fed is the onlythe fed has to change its policy unsustainable over time. >> right. >> one of the most successful physical consolidations in the developed, democratic world in canada, in the mid 1990's, and i ask the canadian politicians how did you do it? the public went from cheering on spending to deficits within a matter of a year or two. the government in canada now risks some peril if they do not balance their budget. the answer you most frequently get is all they had to do was say, 40% of revenues was going to pay the interest bill on the canadian debt, and the public immediately realized that was not a great idea. we cannot make that argument. we run these massive deficits and becau
if you look at china in particular, they are looking for corporate bonds rather than u.s. treasury securities because they do not like what they see. we are living on borrowed time. we have created another bubble. my view is the reason the fed is doing that is because the mandate was changed in the late 70's to where they have to be concerned with unemployment. we need a fiscal deal. the fed is the onlythe fed has to change its policy unsustainable over time. >> right. >> one of the...
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Dec 5, 2012
12/12
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has already been ratified by 126 of those countries, including the united kingdom, france, germany, china, russia has ratified it. now you can pass anything in the senate with 60 votes. except treaties which require 66. a two-thirds majority. every democrat voted for the treaty and only eight republicans voted for the treaty. 38 republicans disgraced themselves and disgraced the senate. by voting against it and controlling the outcome. john kerry tried everything he could on the senate floor to show republicans the way to vote for this treaty. >> it really isn't controversial. what this treaty says is very simple. it just says that you can't discriminate against the disabled. it says that other countries have to do what we did 22 years ago when we set the example for the world and passed the americans with disabilities act. >> the treaty was supported by organizations representing people with disabilities and veterans groups but that was not good enough for 38 republicans. it was supported by senator john mccain, himself a disabled veteran. >> bob dole has been our leader on the issue of
has already been ratified by 126 of those countries, including the united kingdom, france, germany, china, russia has ratified it. now you can pass anything in the senate with 60 votes. except treaties which require 66. a two-thirds majority. every democrat voted for the treaty and only eight republicans voted for the treaty. 38 republicans disgraced themselves and disgraced the senate. by voting against it and controlling the outcome. john kerry tried everything he could on the senate floor to...
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Dec 11, 2012
12/12
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we can play in china. we've got probably 16,000 or 17,000 people in china. we're a net exporter to china from the u.s. so we have good technology products and things like that. >> rose: what are they buying? >> jet engines. health care products. we'll sell more c.t. scanners in china than the united states. never thought i'd see that day. we're competitively advantaged, we do a good job. the goal is you want to be competitive in china, you want to play, but we like the portfolio, you know? we're big in australia. we're big in canada. we're big in the middle east. we're big in africa. i wouldn't want to have a strategy that was solely dependent on china. i like having a diversified geography. >> rose: in the past, you've criticized doing business in china. has it gotten better, easier, from the time you made that observation? >> at the time i made the observation it was when a thing called indigenous innovation was taking place which basically said do business with chinese companies, right? >> rose: if you want to do business here, do business with china. >>
we can play in china. we've got probably 16,000 or 17,000 people in china. we're a net exporter to china from the u.s. so we have good technology products and things like that. >> rose: what are they buying? >> jet engines. health care products. we'll sell more c.t. scanners in china than the united states. never thought i'd see that day. we're competitively advantaged, we do a good job. the goal is you want to be competitive in china, you want to play, but we like the portfolio,...
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Dec 13, 2012
12/12
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. >> did you know where china was? >> translator: no, not at all. it just happened that the way i was going was toward the border. >> with amazing luck and cunning shin managed to steal and bribe his way across the border and quietly work his way through china where he would have been sent back if he was caught. in shanghai he snuck into the south korean consulate and was granted asylum. in 2006 he arrived in south korea without a friend in the world. he was so overwhelmed by culture shock and posttraumatic stress he had to be hospitalized. more than seven years later, it's stunning to see how far he's come. he's 30 now and old demons from camp 14 are never far behind. shin now admits there was something he was hiding. two years ago he finally confessed to the author blaine harden. >> when he first told me about the excuse of his mother and brother, he didn't say he turned them in. >> you reported your mother and your brother? >> translator: yes. >> what did you hope to get out of reporting your mother and your brother
. >> did you know where china was? >> translator: no, not at all. it just happened that the way i was going was toward the border. >> with amazing luck and cunning shin managed to steal and bribe his way across the border and quietly work his way through china where he would have been sent back if he was caught. in shanghai he snuck into the south korean consulate and was granted asylum. in 2006 he arrived in south korea without a friend in the world. he was so overwhelmed by...
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Dec 13, 2012
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abby, you lived in china. china is pivotal, there in syria, with iran. everybody is looking to china for leadership. >> and let's be clear. north korea, all they really have is military power. and what keeps them afloat? china. we're talking about our relationship with china. and it's such an important one. this signifies the magnitude of importance here. china is a tough relationship. it reminds me of a game of chess. it's not a game of checkers. you have to think ten steps ahead when dealing with china. if you want to talk about human rights, you're going to have to take something else off the table. so, you have to move forward in a way that we can work with china. it's a challenge. but it's also potentially an opportunity. >> it's crucial. carol, china is pivotal economically, increasingly militarily, politically, certainly. it is the place that everyone has to look to for guidance and leadership on all these issues. >> right. and i think the big question here is, can we believe that china really is all up in arms, please excuse the pun, over the sit
abby, you lived in china. china is pivotal, there in syria, with iran. everybody is looking to china for leadership. >> and let's be clear. north korea, all they really have is military power. and what keeps them afloat? china. we're talking about our relationship with china. and it's such an important one. this signifies the magnitude of importance here. china is a tough relationship. it reminds me of a game of chess. it's not a game of checkers. you have to think ten steps ahead when...
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Dec 8, 2012
12/12
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what's at stake with that with jeffrey toobin next. [ male announcer ] how can power consumption in china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with less chronic osteoarthritis pain. imagine living your life with less chronic low back pain. imagine you, with less pain. cymbalta can help. cymbalta is fda-approved to manage chronic musculoskeletal pain. one non-narcotic pill a day, every day, can help reduce this pain. tell your doctor right away if your mood worsens, you have unusual changes in mood or behavior or thoughts of suicide. antidepressants can increase these in children, teens, and young adults. cymbalta is not approved for children under 18. people taking maois
what's at stake with that with jeffrey toobin next. [ male announcer ] how can power consumption in china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information,...
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Dec 8, 2012
12/12
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we think it is all about competing with china, but we are competing with other advanced economies. we need to make sure we have some understanding that we are functioning in a global marketplace for manufacturing and marketing. there is work to be done to make sure the tax policy looks to the future and how we grow entrepreneurs. kasich investment in research is also -- basic investment in research is not to be taken lightly. it is medical research. it is research on new energy sources. entrepreneurs come out of these kinds of things where we seem basic research funded by the government that we take for granted. if you keep cutting that, even research and development tax credits -- they benefit companies such as doing it anyway. if we want to do it seriously, we have to say this is something you can count on. >> let me come back to the entitlement issue. the democratic side of the debate. 1969, the federal government keeps track of the total of spending that goes to investment in research and development, infrastructure, education training. in 1969, 31.3% of the federal government
we think it is all about competing with china, but we are competing with other advanced economies. we need to make sure we have some understanding that we are functioning in a global marketplace for manufacturing and marketing. there is work to be done to make sure the tax policy looks to the future and how we grow entrepreneurs. kasich investment in research is also -- basic investment in research is not to be taken lightly. it is medical research. it is research on new energy sources....
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Dec 7, 2012
12/12
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for years apple faced criticism for working conditions at its supply factories in china. >>> mom-to-be katherine dush chet of cambridge left the hotel where she was treated for acute morning sickness. her husband escorted her to a waiting car. the palace has yet to announce a due date for the new royal who will be next in line to the throne after dad. >>> president obama and his family celebrated the annual christmas tree lighting near the white house tonight. the president said the first lady told him to make his remarks brief because she wanted to hear music. ♪ you better watch out ♪ you better not shout i'm telling you why ♪ ♪ santa claus is coming to town ♪ ♪ he's making a list and he's checking it twice ♪ ♪ he's going to find out who is naughty or nice ♪ >> they were celebrates in d.c. just hours from now the november jobs report comes out and it's expected to be messy between holiday hiring and the aftermalgt of sandy, some analysts say no matter what it shows no one should read much into it. with the holidays upon us how are businesses finding ways to keep jobs
for years apple faced criticism for working conditions at its supply factories in china. >>> mom-to-be katherine dush chet of cambridge left the hotel where she was treated for acute morning sickness. her husband escorted her to a waiting car. the palace has yet to announce a due date for the new royal who will be next in line to the throne after dad. >>> president obama and his family celebrated the annual christmas tree lighting near the white house tonight. the president...
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Dec 16, 2012
12/12
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but the fact of the matter is, there was a maniac on friday who attacked an elementary school in china with a knife, not a gun. 22 children were injured. nobody died. we have 9,000, 1,146 murders with guns in the united states or deaths in the united states a couple years ago. germany had 158. canada 173. the united states has 15 times more than anybody else on a populpo population basis. there is one reason and one reason only, insane attitude towards guns. the nra should stop, they won't. we should stop them from being enablers of mass murder. >> being the national rifle association. congressman, thanks very much for your perspective. >> thank you. >> jerriey edjerry. >>> former chief economist at the u.s. sentencing commission and author of the third edition of the book "more guns, less crimes." thank you very much for coming in. i'll give you a chance to respond. the united states has a lot more murders, you just heard from congressman nadler. he said it's because there are so many guns that are so easiil available out there. >> well, you look at the murder rates in the other count
but the fact of the matter is, there was a maniac on friday who attacked an elementary school in china with a knife, not a gun. 22 children were injured. nobody died. we have 9,000, 1,146 murders with guns in the united states or deaths in the united states a couple years ago. germany had 158. canada 173. the united states has 15 times more than anybody else on a populpo population basis. there is one reason and one reason only, insane attitude towards guns. the nra should stop, they won't. we...
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Dec 13, 2012
12/12
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CURRENT
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he claimed that jeep was packing up jobs and shipping them off to china. not the case. >> bill: got caught with that lie. >> the very last batch of twinkies from the shuddered hostess company has gone on sale. it is now basically gone. super value grocery chain in chicago made the final purchase from hostess. they got an order of 20,000 twinkies. they went on sale monday at 150 different stores. pretty much all gone by yesterday. >> bill: oh, my god. how about that. you don't think they ate them. >> save them. >> they'll stay good for awhile. >> bill: sell them on ebay. yes, i have to tell you department of labor last night holiday party. hosted by secretary of labor hilda soliz and i talked to a couple of international labor presidents there lee saunders from afscme, joseph nigro from the sheet metalworkers. president jim hoffa from the teamsters was here on the program with us on monday. all of them said of course they're outraged by what happened in michigan. michigan just forcing through the republicans in the legislature, forcing through this right-to
he claimed that jeep was packing up jobs and shipping them off to china. not the case. >> bill: got caught with that lie. >> the very last batch of twinkies from the shuddered hostess company has gone on sale. it is now basically gone. super value grocery chain in chicago made the final purchase from hostess. they got an order of 20,000 twinkies. they went on sale monday at 150 different stores. pretty much all gone by yesterday. >> bill: oh, my god. how about that. you don't...
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Dec 5, 2012
12/12
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was it because the oil went to china and this was a response? >> we had to do a lot of houses, and we need to get a good price, and the chinese gave us the group price for the project. that was the reason. >> the developments promised for occupancy for a year. don't write it off just yet. they are dreaming big. >>> let me show you some of the best pictures from around the world and the stories behind them. up next. [ male announcer ] citi turns 200 this year. in that time there've been some good days. and some difficult ones. but, through it all, we've persevered, supporting some of the biggest ideas in modern history. so why should our anniversary matter to you? because for 200 years, we've been helping ideas move from ambition to achievement. and the next great idea could be yours. ♪ now's a good time to think about your options. are you looking for a plan that really meets your needs? and your budget? as you probably know, medicare only covers about 80% of your part b medical expenses. the rest is up to you. so consider an aarp medicare sup
was it because the oil went to china and this was a response? >> we had to do a lot of houses, and we need to get a good price, and the chinese gave us the group price for the project. that was the reason. >> the developments promised for occupancy for a year. don't write it off just yet. they are dreaming big. >>> let me show you some of the best pictures from around the world and the stories behind them. up next. [ male announcer ] citi turns 200 this year. in that time...
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Dec 20, 2012
12/12
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in china officials arrested nearly 1,000 cult members for spreading rumors about the end of the world. the ancient myans believed that the end of the world will happen on 2012. look at the clock right there. it's 5:50 a.m. in ahs rail why. time for sunrise, and lo and behold, they are all still there, so hope is out for us for tomorrow. we're back after this. icken potp and it's so rich and creamy... is it really 100 calories? let me put you on webcan... ...lean roasted chicken... and a creamy broth mmm i can still see you. [ male announcer ] progresso. you gotta taste this soup. hello. mmm i can still see you. it's water from the drinking fountain at the mall. great tasting water can come from any faucet anywhere. the brita bottle with the filter inside. >> not the making sfwleen of the year. it's time for the poli side bar. at the same time also appeared to criticize herself. >> time making sfwleen, you know, i think there's some irrelevancy there, to tell you the truth. consider their list of the most influential people in the country and the world. some who have made that list. yo
in china officials arrested nearly 1,000 cult members for spreading rumors about the end of the world. the ancient myans believed that the end of the world will happen on 2012. look at the clock right there. it's 5:50 a.m. in ahs rail why. time for sunrise, and lo and behold, they are all still there, so hope is out for us for tomorrow. we're back after this. icken potp and it's so rich and creamy... is it really 100 calories? let me put you on webcan... ...lean roasted chicken... and a creamy...
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Dec 22, 2012
12/12
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CNNW
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china is slowing, europe is in recession. so the main concern -- and this is a risk scenario, what they call a left tail. it's not the baseline, is that we get a tipping process that one bad thing here leads to another bad thing elsewhere, which comes back here. and that's why the hope is somehow, somehow, i don't know how, but somehow in the next week washington will find a way to avoid this fiscal cliff. >> from your lips to god's ears, mohamed, thanks very much. coming up, as long as congress doesn't trip us up, we are on the way to an economic renaissance in this country. i'll explain. ally bank. why they have a raise your rate cd. tonight our guest, thomas sargent. nobel laureate in economics and one of the most cited economists in the world. professor sargent, can you tell me what cd rates will be in two years? no. if he can't, no one can. that's why ally has a raise your rate cd. ally bank. your money needs an ally. >>> we are on the road to an economic renaissance. think about the united states economy like a runner a
china is slowing, europe is in recession. so the main concern -- and this is a risk scenario, what they call a left tail. it's not the baseline, is that we get a tipping process that one bad thing here leads to another bad thing elsewhere, which comes back here. and that's why the hope is somehow, somehow, i don't know how, but somehow in the next week washington will find a way to avoid this fiscal cliff. >> from your lips to god's ears, mohamed, thanks very much. coming up, as long as...
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Dec 3, 2012
12/12
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we also have an economic competitor and a partner in china. they have a voracious appetite for natural resources and we're looking at new ways to get these in our own backyard, and maybe i will ask you this question, admiral. how important is the china factor in america energy program's going forward? >> i will talk to doubt, but i would like to mention a few puffs things about this report that may not have come out in your opening remarks. we definitely advocating opening of drilling in the united states where we cannot, but there is a very strong part of this report that says it has to be done safely and we know how to do it safely. that is one contribution of those of us who have served in the armed forces, we do a lot of dangerous stuff in the armed forces, fuel, nuclear power, explosives. the way we do that safely is a high standards, rigid enforcement, and very professional inspectors to do it. we strongly recommend applying this model to regulatory body so that we can do this safely, so that we can do oil retractions safely. that we can
we also have an economic competitor and a partner in china. they have a voracious appetite for natural resources and we're looking at new ways to get these in our own backyard, and maybe i will ask you this question, admiral. how important is the china factor in america energy program's going forward? >> i will talk to doubt, but i would like to mention a few puffs things about this report that may not have come out in your opening remarks. we definitely advocating opening of drilling in...
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Dec 12, 2012
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pass. >> you don't think china will try to veto it? >> i don't think they will veto it. they don't want north korea doing this. >> china is the only ally that they really have. i wonder, do you think it's possible they didn't inform china in advance of the timing of this launch? >> it's possible they did not. people now suspect that the information that we had that north korea was moving its rocket, something was wrong with it, was it an intentional deceptive move? they thought there would be attempts to shoot it down. they wanted to fool japan. they succeeded. >> and it certainly does strengthen the new young leader kim jong-un domestically. >> absolutely. they have been trying since 1998 to launch a long-range missile and they failed in the previous four attempts. they succeeded in this. it's not a rocket that can deliver a major warhead. there are marriajor hurdles to >> they have done in north korea where a lot of people are starving what south korea has been unable to do. >> by choice, actually. >> they haven't launched a satellit
pass. >> you don't think china will try to veto it? >> i don't think they will veto it. they don't want north korea doing this. >> china is the only ally that they really have. i wonder, do you think it's possible they didn't inform china in advance of the timing of this launch? >> it's possible they did not. people now suspect that the information that we had that north korea was moving its rocket, something was wrong with it, was it an intentional deceptive move? they...
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Dec 17, 2012
12/12
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CNBC
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still sold iphones in china eye poen is 51% of apple's total revenue. you cannot understate or overstate the importance of that. >> the best first week of sales ever. >> if you weren't seeing the hobbit, you were buying an iphone. or beth. a both /* both. you were tweeting about the hobbit on your new iphone. >> john the day john forte has been salivating about for hours. the end of january, here in new york city. stock, look at the recent run, by the way. up more than 50% in about 30 trading days. led us to ask the question, is everything fine? >> that's a u shaped recovery. look that. a perfect u. >> it spp what do you say, john? is research in motion back, baby? >> no, not yet. >> i tried. >> i know. it doesn't take much to make me salivate today because all i've had to eat is a protein bar. blackberry 10 is exciting. but we still don't know exactly what is coming there yet. couple things. for the quarter report willing tomorrow, revenues are about half. if they meet expectations, or if they meet a little, they are expecting an eps loss of 35%. secon
still sold iphones in china eye poen is 51% of apple's total revenue. you cannot understate or overstate the importance of that. >> the best first week of sales ever. >> if you weren't seeing the hobbit, you were buying an iphone. or beth. a both /* both. you were tweeting about the hobbit on your new iphone. >> john the day john forte has been salivating about for hours. the end of january, here in new york city. stock, look at the recent run, by the way. up more than 50% in...
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Dec 28, 2012
12/12
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how china's trying to make sure the elders are respected. [ male announcer ] it's that time of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. i've got a nice long life ahead. big plans. so when i found out medicare doesn't pay all my medical expenses, i looked at my options. then i got a medicare supplement insurance plan. [ male announcer ] if you're eligible for medicare, you may know it only covers about 80% of your part b medical expenses. the rest is up to you. call now and find out about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, it helps pick up some of what med
how china's trying to make sure the elders are respected. [ male announcer ] it's that time of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is...
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Dec 27, 2012
12/12
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MSNBCW
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. >> in china they have no ideology. 75 members of the communist national people's congress are billionaires now. >> i also learned that you like me do nothing on new year's eve. >> not nothing, you just don't do it with strangers. >> i'm happy to make it. absolutely. but here's something for you. you are watching "morning joe." here's what happens. right now it's time for that. take it away. >> aloha, hawaii. the president is on his way back to d.c. where for him it's about playing small ball with most members of congress still in their home district, speaker boehner put that ball in the senate's court. harry reid tossed it right back. are we looking at another lost day in the negotiations? hitching a right on air force one, the new senator from hawaii and it's not what we expected it to be. here we go again. the president in washington and another deadline. secretary geithner warns we will hit the debt ceiling even before we tumble over the fiscal cliff. good morning from washington. it is thursday, december 27th. this is "the daily rundown." i'm luke russert. two days after christmas and
. >> in china they have no ideology. 75 members of the communist national people's congress are billionaires now. >> i also learned that you like me do nothing on new year's eve. >> not nothing, you just don't do it with strangers. >> i'm happy to make it. absolutely. but here's something for you. you are watching "morning joe." here's what happens. right now it's time for that. take it away. >> aloha, hawaii. the president is on his way back to d.c....
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Dec 5, 2012
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veterans and disability group in america. 152 countries have already ratified the treaty including china and russia. the treaty is modelled after existing u.s. law. former senator bob dole is 89 years old. he just got out of the hospital yesterday. and today he kaim to the senate floor in a wheelchair to support the treaty. eight republicans and two independents voted for the treaty including john mccain. but it wasn't enough. the treaty failed 61-38. >> it was solid then. he means it. and i think the organizing around it is so important. the labor movement, consumer groups, women's groups. >> i'm joined by a columnist for the nation magazine and howard fineman, msnbc political analyst. great to have you with us. howard, you first. when bob dole comes to the senate and he can't move people, where is the common sense? >> the senate is lost. that's the way i would put it. bob dole, one of the most revered figures. he's almost literally on his death bed a week or two ago. who commoned the courage to come to the senate to be the conscious on something he championed in 1990. this was senator
veterans and disability group in america. 152 countries have already ratified the treaty including china and russia. the treaty is modelled after existing u.s. law. former senator bob dole is 89 years old. he just got out of the hospital yesterday. and today he kaim to the senate floor in a wheelchair to support the treaty. eight republicans and two independents voted for the treaty including john mccain. but it wasn't enough. the treaty failed 61-38. >> it was solid then. he means it....
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Dec 11, 2012
12/12
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china will be a big driver and india will be growing like china is today. they talk about how the world is changing. it's like no other time since the french revolution. remember in the late 18th century, the industrial revolution, except it's happening more quickly. it's taking a tenth of the time for china and asia to rise quickly. let me read to you something from the report, in the tectonic shift, asia will have surpassed north maeshg and europe combined in terms of global power, based upon gdp, population size, military spending and technological spending. china alone will probably have the largest economy, surpassing that of the united states a few years before 2030. people because of technology, people really have more power than they've ever had before, individuals have more power an that can also cause problems with, you know, people using technology for ill means. >> is this the whole report? >> the 140-page rundown. i'm sure the president gets a bigger one. >> this is an intelligence report. >> yes. >> why on earth would anyone buy a jillion doll
china will be a big driver and india will be growing like china is today. they talk about how the world is changing. it's like no other time since the french revolution. remember in the late 18th century, the industrial revolution, except it's happening more quickly. it's taking a tenth of the time for china and asia to rise quickly. let me read to you something from the report, in the tectonic shift, asia will have surpassed north maeshg and europe combined in terms of global power, based upon...
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Dec 12, 2012
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here to explain what china wants is the author of the coming collapse of china. i'm glad your year because this sounds really scary. you worried about this? aig, 4 billion. that is the biggest chinese takeover thus far. u worry that this is going to be a trend? >> it's certainly going to be. what's happening in china is that enterprises don't have the opportunities there because their problems and the chinese economy right now it's a pretty serious. these enterprises are going around the world buying assets because the returns are a lot better. so a lot of this activity does not concern me, but some of it does because you see in certain acquisitions like a one to three systems, the battery maker, the canadian oil sands producer. they're looking for technology. and some of this technology has defense applications, like this battery maker they're buying this stuff up. that is something we have to be concerned about and should stop. tracy: do you worry -- we ha an election. there are new people leading. you worry that the new leaders will make this even worse? >> th
here to explain what china wants is the author of the coming collapse of china. i'm glad your year because this sounds really scary. you worried about this? aig, 4 billion. that is the biggest chinese takeover thus far. u worry that this is going to be a trend? >> it's certainly going to be. what's happening in china is that enterprises don't have the opportunities there because their problems and the chinese economy right now it's a pretty serious. these enterprises are going around the...
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Dec 12, 2012
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even china expressed regret at the move. the obama administration condemned it as a provocative act and will likely ask the u.n. security council to impose crippling sanctions. the pentagon following developments this morning. chris lawrence there. what do you know, chris? >> right now, officials say that object that north korea put into orbit, monitoring it, analyzing it, but they confirm it is in orbit. why is that important? the same technology you would use to put into orbit is the same technology you use to develop long-range ballistic missiles, the u.s. condemned this act. they are worried about the marriage of north korea's nuclear weapons with this long-range missile technology. this is the type of missile that if it was successful, as it appears to be, could reach parts of the united states, alaska, u.s. military bases in hawaii. but a u.s. efficiently i spoke with who used to work on north north korea for the defense department told me, there are still areas in which north korea has not made it as far as they would
even china expressed regret at the move. the obama administration condemned it as a provocative act and will likely ask the u.n. security council to impose crippling sanctions. the pentagon following developments this morning. chris lawrence there. what do you know, chris? >> right now, officials say that object that north korea put into orbit, monitoring it, analyzing it, but they confirm it is in orbit. why is that important? the same technology you would use to put into orbit is the...
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and in china, it's going to be the second biggest market for starbucks by 2014. they're going to have 1,500 stores in 70 cities in china in the next three years. >> and let's be clear about the fiscal cliff. i mean, the near-term impact is bad, right? a lot of people think it would be a recession, but lasting long-term impact, it would lower deficits, you know, and would cut into -- so -- >> dramatically. >> so this isn't the way to go about it. you want to scalp a hatchet, as i keep saying. but companies are trying to make long-term plans, even though near term they're very concerned about what's going on. >>> apple stock dropped more than 6% yesterday. watch that? shares down a little bit in premarket trading this morning. there are a few factors that traders suspect drove the selling. today there's another hearing in the patent case with samsung in california and a research report generated buzz that apple's tablet competitors could eat into its market share. apple shares were up 33% so far this year, right? so if somebody's taking some profits, they've been d
and in china, it's going to be the second biggest market for starbucks by 2014. they're going to have 1,500 stores in 70 cities in china in the next three years. >> and let's be clear about the fiscal cliff. i mean, the near-term impact is bad, right? a lot of people think it would be a recession, but lasting long-term impact, it would lower deficits, you know, and would cut into -- so -- >> dramatically. >> so this isn't the way to go about it. you want to scalp a hatchet, as...
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Dec 6, 2012
12/12
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conversation today, running from ad campaign all the from samsung, to the amount of business they do in china, and why can't those jobs be here. why can't you be a made in america company? >> you know, this iphone, as a matter of fact, the engine in here is made in america. and not only are the engines made in america, but engines are made in america that are exported. the glass on this phone is made in kentucky. so we have been working for years on doing more and more in the united states. next year, we will do one of our existing mac lines in the united states. >> let's say our constitution was a little different and barack obama called you in tomorrow and said get everybody out of china, and do whatever you have to do. make these, make everything you make in the united states, what would that do to the price of this device? >> honestly, it is not so much about price, it is about the skills, et cetera. over time, there are skills that are associated with manufacturing that have left the u.s. not necessarily people, but the education, the ability to produce them. >> that is sad, how do we ge
conversation today, running from ad campaign all the from samsung, to the amount of business they do in china, and why can't those jobs be here. why can't you be a made in america company? >> you know, this iphone, as a matter of fact, the engine in here is made in america. and not only are the engines made in america, but engines are made in america that are exported. the glass on this phone is made in kentucky. so we have been working for years on doing more and more in the united...
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Dec 10, 2012
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. >>> now, this sunday night a young woman in china, at 24 years old, had just met her identical twin. the twin she never knew she had. they were separated at birth 24 years ago when they were put up for adoption because of the one child policy. seeing her face for the first time, she said, i felt like i was looking in the mirror. her sister replying, we felt like we had known each other for years. >>> and our number tonight, 68. the average age of the performers on stage in brooklyn tonight night. the rolling stones celebrating 50 years on tour and proving age is just a number. ♪ just 'cause you feel so good you have to drive me out of my head ♪ >> mick jagger belting out "get off my cloud" and other hits. the sold out tlour in brooklyn last night. they are going to go another show in newark. >>> tell us what you want to hear. shoot me a message on twitter. @davidmuir. and find me on facebook. >>> when we come back, the little boy with a football bigger than him, the biggest thing in football. johnny heisman and what he said about his grandparents that made us all smile. cialis t
. >>> now, this sunday night a young woman in china, at 24 years old, had just met her identical twin. the twin she never knew she had. they were separated at birth 24 years ago when they were put up for adoption because of the one child policy. seeing her face for the first time, she said, i felt like i was looking in the mirror. her sister replying, we felt like we had known each other for years. >>> and our number tonight, 68. the average age of the performers on stage in...
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Dec 14, 2012
12/12
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if you look at china in particular, they are now looking at corporate bonds and alternative investments within u.s. treasury securities because they don't like what they see and understandably so. so we are living on borrowed time. we've created another bubble in my view is the reason the fed is doing a kissimmee and it was changed to where they have to be concerned with short-term employment. in the absence of the deck unsustainable over time. >> the most successful fiscal consolidations in the developed democratic world occurred in canada in the mid-1990s. i frankly asked canadian politicians, how did she do it? because the public wind from cheering on spending two and a set deficits within a matter of a year or two so that governments in canada now with some peril if they don't balance the budget. the answer you most frequently to do so they have to do was say that 40% of revenues was going to pay the interest bill and the canadian debt. the public immediately realized i was not a great idea and became strongly against increasing the debt further. we can't make that argument for othe
if you look at china in particular, they are now looking at corporate bonds and alternative investments within u.s. treasury securities because they don't like what they see and understandably so. so we are living on borrowed time. we've created another bubble in my view is the reason the fed is doing a kissimmee and it was changed to where they have to be concerned with short-term employment. in the absence of the deck unsustainable over time. >> the most successful fiscal consolidations...
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Dec 21, 2012
12/12
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yum is growing hugely in china. watch yum brand stock take a lit after hit on that one. >> this is doing quite well on its revenues. >> yes. eps in inline but as mandy noted, sales are up. is up skripgss with strong growth. that stock up 37% over the past year. >> this is a name we don't often come up against. it is soaring today so we will throw it in. >> soaring, and this is a small company, slightly bigger than $500 million in cap because of the move today. they licensed some technology to pfizer, which obviously is a huge big partner. that enables drugges to be self injected sub cutaneously, ie, under the skin. >> and it rears its head once again. herbalife, a story we have been following all week. a little bit of damage control going on at the company, would you say. >> another 18% today. folks, the stock, the last three days, just terrible for herbalife. the news here is that not only is an an update but, an analyst day january 7 where they plan to directly address bill ackman's point. no doubt they will work
yum is growing hugely in china. watch yum brand stock take a lit after hit on that one. >> this is doing quite well on its revenues. >> yes. eps in inline but as mandy noted, sales are up. is up skripgss with strong growth. that stock up 37% over the past year. >> this is a name we don't often come up against. it is soaring today so we will throw it in. >> soaring, and this is a small company, slightly bigger than $500 million in cap because of the move today. they...
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Dec 14, 2012
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it was headed to china, where elephant tusks are in high demand. poachers slaughter thousands of elephants in order to get the tusks. >>> salvation army workers in oklahoma found a wedding ring in one of their red kettles, but they don't know if the ring is really a generous donation or if it slipped off someone's finger, someone could be really upset right now that they don't know where the ring is. they are giving the owner 90 days to come forward. after that it's considered a donation. >>> suffering through a losing season in the nfl is bad enough, but blocking your own punter's kick? more on last night's bizarre play, coming up. >> you're not supposed to do that. this holiday, share everything. share "not even close." share "you owe me..." share "just right." the share everything plan. shareable data across 10 devices with unlimited talk and text. get a droid incredible 4g lte by htc for $49.99. i need you. i feel so alone. but you're not alone. i knew you'd come. like i could stay away. you know i can't do this without you. you'll never have t
it was headed to china, where elephant tusks are in high demand. poachers slaughter thousands of elephants in order to get the tusks. >>> salvation army workers in oklahoma found a wedding ring in one of their red kettles, but they don't know if the ring is really a generous donation or if it slipped off someone's finger, someone could be really upset right now that they don't know where the ring is. they are giving the owner 90 days to come forward. after that it's considered a...
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Dec 13, 2012
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so china is really the country that has the most influence, and yet it's very difficult to move them to a place where the united states, japan, south korea, the other members of the six-party talks would like china to go, which is to put more pressure on the north, such that they stop these sorts of provocations and stop their missile and nuclear programs. >> all right, victor cha and spyder marks, thank you to you both for your perspective on this tonight. do appreciate it. >>> "outfront" next, with just 20 days until the fiscal cliff, both sides are saying very little about progress, which is really what everybody wants. so you would think the ranking member of the senate budget committee knows a thing or two about what's going on, right? you'd be thinking wrong. republican jeff sessions comes out front tonight. >>> also, how far is too far when you're interviewing someone on a sensitive topic? barbara walters asks governor chris christie if he is too fat for the job of president. john avalon's going to weigh in on this one with a little bit of historical perspective. >>> also, a n
so china is really the country that has the most influence, and yet it's very difficult to move them to a place where the united states, japan, south korea, the other members of the six-party talks would like china to go, which is to put more pressure on the north, such that they stop these sorts of provocations and stop their missile and nuclear programs. >> all right, victor cha and spyder marks, thank you to you both for your perspective on this tonight. do appreciate it. >>>...
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Dec 6, 2012
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you're using cheap labor in china. you're not going to have that in the united states, and also you're talking about adding infrastructure costs, how that might impact their bottom line remains to be seen, but tim cook made it clear this is not a financial move necessarily. this is a move to really bring back jobs to the united states and do something positive for the american economy. >> for now apple isn't saying which computer will be built in the u.s. you can be sure a lot of people will wait to see that. stay tuned. >> a senate bombshell. tea party candidate jim demint catches everyone off guard announcing his return from the senate. my interview with him straight ahead. paired with savory garlic shrimp. just $12.99. come into red lobster and sea food differently. and introducing 7 lunch choices for just $7.99. a new way to save on your prescriptions. it's the aarp medicarerx saver plus plan from unitedhealthcare. with this plan, you can get copays as low as a dollar through a preferred network pharmacy like walgr
you're using cheap labor in china. you're not going to have that in the united states, and also you're talking about adding infrastructure costs, how that might impact their bottom line remains to be seen, but tim cook made it clear this is not a financial move necessarily. this is a move to really bring back jobs to the united states and do something positive for the american economy. >> for now apple isn't saying which computer will be built in the u.s. you can be sure a lot of people...
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Dec 10, 2012
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than china. partly because of relative wage levels, but also partly because of its proximity to the market and with energy and transport costs being what they are today, you're going to see a lot of change. and the u.s., like our industrialized economies, is going to have opportunities and it needs to prepare itself to exploit those opportunities. >> the ilo director general guy ryder talking to carolin. just a reminder, we spoke to pascal lamy who confirmed they've downgraded the world trade percent this year. that's had an impact on the volume of trade. it did ask him about what he thought the political situation in italy was going to develop and what impact. he said he thought and believed it would be contained, but then, of course, we might expect him to say that, as well. but he was speaking with mario monti earlier in the weekend, as well. on saturday he was with him. >> a diplomatic response, i would expect no less. great stuff from geneva. looking forward to having you back here tomorrow.
than china. partly because of relative wage levels, but also partly because of its proximity to the market and with energy and transport costs being what they are today, you're going to see a lot of change. and the u.s., like our industrialized economies, is going to have opportunities and it needs to prepare itself to exploit those opportunities. >> the ilo director general guy ryder talking to carolin. just a reminder, we spoke to pascal lamy who confirmed they've downgraded the world...
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Dec 24, 2012
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david: it is time to go off the desk and over to china for a huge holiday pillow fight. they blew off some steam with a pillow fight. they had the names of bosses and professors on
david: it is time to go off the desk and over to china for a huge holiday pillow fight. they blew off some steam with a pillow fight. they had the names of bosses and professors on
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Dec 13, 2012
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we'll be right back. [ male announcer ] how can power consumption in china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. for a professional cleansing device? join the counter revolution and switch to olay pro-x. get cleansing results as effective as a $200 system. guaranteed or your money back. olay pro-x. but they haven't experienced extra strength bayer advanced aspirin. in fact, in a recent survey, 95% of people who tried it agreed that it relieved their headache fast. visit fastreliefchallenge.com today for a special trial offer. >>> imagine if you could bill your own gun as easily as you could copy a document. >> yeah, it sounds like something in the movies. and it gets
we'll be right back. [ male announcer ] how can power consumption in china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read...
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Dec 4, 2012
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now there are also, i think, signs that for russia and china, i think they would be prepared, possibly, to look at a way you could manage an outcome of this, so that you get some form of agreement that -- >> provide asylum, we're getting him out -- >> -- but for the rest of the world, such are the consequences of this disintegration are happening, most people look at any reason to get him out, get a new form of democratic constitution in, and then try and stabilize the situation. >> i'm going to make a very sharp turn to talk about something much more joyful, which is the news of the oil baby, whose birth is impending. we know that catherine is in the hospital now. what is the -- what's it like in, in london, in great britain, with this kind of news? people must just be going insane. >> well, you know, britain loves the royal family. so, and people are very happy, very joyful. they're a very popular young couple and this is great news for them. and you know, also, really actually, when the economy is a little tough, and when times are a little tough, this is news that cheers everyone u
now there are also, i think, signs that for russia and china, i think they would be prepared, possibly, to look at a way you could manage an outcome of this, so that you get some form of agreement that -- >> provide asylum, we're getting him out -- >> -- but for the rest of the world, such are the consequences of this disintegration are happening, most people look at any reason to get him out, get a new form of democratic constitution in, and then try and stabilize the situation....
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Dec 16, 2012
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once in china and japan and all these countries start making stuff cheaper, it is problem for unions, and that is just a reality. >> it is also reality that some of that manufacturing is coming back, and not because of low wages. because of transportation costs, innovation, all kinds of things. what bothers me about this vote is that it was ught and paid for by a few wealthy people. the leader of the senate, the governor, both on record not want to do this initially . they did it turn around. and lost five seats and the legislature. >> you can look for all the conspiracy's you want. the fact is that michigan was adjusting to exactly the reality that evan isalking about, globalization. i think was glory days for the unions 94 is, 1950's, 1960's, when the rest of the world was devastated by the second world war, we had a monopoly and, yes, great benefits to it the problem is that when you have global competition, you are uncompetitive. detroit went bankrupt but the southern transplants did not. here is the tragic choice. in the right to work states, wages are 10% lower. unploynt is also
once in china and japan and all these countries start making stuff cheaper, it is problem for unions, and that is just a reality. >> it is also reality that some of that manufacturing is coming back, and not because of low wages. because of transportation costs, innovation, all kinds of things. what bothers me about this vote is that it was ught and paid for by a few wealthy people. the leader of the senate, the governor, both on record not want to do this initially . they did it turn...